Rebel Creamery, the Utah-based low-carb ice cream brand sold at Walmart, Target and Kroger, has filed for Chapter 11 bankruptcy protection weeks after a federal judge ordered it to surrender nearly $23.8 million £17.6 million) in profits to rival Van Leeuwen over an ice cream packaging dispute.
The filing, lodged on 14 August in the US Bankruptcy Court for the District of Utah, lists between $10 million (£7.4 million) and $50 million (£37.1 million) in both assets and liabilities. Van Leeuwen is listed among Rebel's unsecured creditors with a disputed $23.785 million (£17.6 million) claim that Rebel is appealing.